California Debt in Doubt

Williams, Rochelle
July 2003
Bond Buyer;7/24/2003, Vol. 345 Issue 31684, p1
Trade Publication
Reports that the plan to sell more than $8 billion in debts during September, 2003 and fall season is threatened due to possibility of lawmakers agreement on the issue before the time. Amount of revenue anticipation bonds and pension obligation bonds to be issued; Effect of delay in budget on debts and investors; Problem of securing bank guarantee for bonds.


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